They have also been following the country’s decision to cut banks’ reserve requirements. 1. U.S. remains committed to “one China” policy The White House (external source, in Chinese) has said that ... ( read original story ...)
Rehab Robot Specialist Fourier Completes Saudi-Led Funding Round
Chinese medical rehabilitation robot startup Fourier Intelligence has raised an undisclosed amount of money from its series C+ funding round led by Prosperity7 Ventures, a venture capital arm of Saudi ... ( read original story ...)
To Cool Real Estate Market, Shanghai Will Verify House Prices
Shanghai’s real estate regulator will start verifying the listing prices of secondhand residential properties in a bid to curb real estate agencies “disturbing the market.” The Shanghai Housing ... ( read original story ...)
Gas explosion in Shanghai kills 2, injures 4
An explosion caused by a liquefied gas cylinder leakage killed two people and injured four others in an apartment building in Shanghai on Monday, local authorities. The accident took place at 4.50 a.m ... ( read original story ...)
Shanghai named among top 3 ports in the world
Shanghai was ranked third in a global evaluation of The index evaluated the world's 43 major shipping center cities based on factors such as port conditions, shipping services and general environment. ( read original story ...)
Icebreaker research vessel sails from Shanghai to Arctic on new mission
China's 12th Arctic expedition set sail from Shanghai on Monday, and is expected to last more than two months, according to the Ministry of Natural Resources. The ministry said in a brief statement ... ( read original story ...)
Wall Street’s $6 Billion Bonanza Chilled by China IPO Curbs
Just months after bankers celebrated a record haul from taking Chinese companies public in New York and Hong Kong, they’ve had a rude awakening. Deals are being shelved and investors are nursing heavy ... ( read original story ...)